Islamic Finance


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  • Client Case Studies

    Al Nasser Dairy Impact on community/economy: The dairy sources fresh milk and vegetables from local farmers, giving them livelihood The dairy is expanding, increasing job opportunities for low-skilled workers Local, long-life dairy products like cheese are now being exported to Saudi Arabia Brief Description: Al Nasser Dairy Shop was established in 2007 by Mr. Mohammad […]
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  • FAQs

    How is Islamic financing different from conventional financing? The most important difference between Islamic and conventional financing is the prohibition of interest in Islamic financial transactions. Islamic financing activity is based on the trading principle of buying/selling assets. What are the basic rules of Islamic finance? Forbiddance of Interest (Riba): Interest must not be charged […]
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  • Islamic finance at GroFin

    Small and medium enterprises (SMEs) are widely regarded as the engines of economic growth of all countries. However, a study by the International Finance Corporation (IFC) has shown that around 35% of SMEs in MENA are excluded from the formal banking sector because they seek Sharia-compliant products that are not readily available in the market. […]
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  • About Islamic Finance

    Islamic finance is a financial service that follows the principles of Shariah, or Islamic law. Islamic finance is based on the concept that money itself has no intrinsic value. As a matter of faith, Islamic law does not allow lending money to, or receiving money from, someone, and expecting to benefit with interest (known as […]
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